Stronger than expected US jobs report increases pressure for further interest rate hikes
Despite the 3.4 percent official unemployment rate, social distress is growing and impelling a continuing upsurge of class struggle.
Source: wsws.org
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US added 253,000 jobs in April, powering the economy through high interest rates and banking turmoil
The April jobs report showed the 28th straight month of job growth.
Source: adn.com
AI Will Hit a Tipping Point Once This Key Trend Emerges in Labor Market
In an interview with Insider, LinkedIn's head of macroeconomics explained the power of ChatGPT for worker productivity and its potential for jobs.
Source: businessinsider.com
LinkedIn's top economist explains the AI trend that could mark a tipping point
Guy Berger, LinkedIn's head of macroeconomics LinkedIn In an interview with Insider, LinkedIn's head of macroeconomics broke down labor market trends and AI.…
Source: biztoc.com
Unemployment is lasting longer as job market cools
The number of workers out of a job for about 3½ to 6 months has risen sharply since last spring
Source: livemint.com